The local share market snapped its negative start to the new financial year on a day of choppy trade. The S&P/ASX200 gained 0.28% to finish at 7,739.90.
Tech stocks outperformed along with resources with Fortescue leading the big miners higher, while Mineral Resources (ASX: MIN) reversed its recent selloff to rise 2.8%.
Chalice Mining (ASX: CHN) shares tumbled 17.61% after entering into a MOU with Mitsubishi Corporation to develop its critical minerals project.
Liontown (ASX: LTR) lost 6.48% having received a boost yesterday on its funding deal with LG Energy.
The uranium miners were among the best performers and pushed the energy sector higher with Deep Yellow (ASX: DYL) and Paladin (ASX: PDN) up around 6%.
The consumer staples rose while the discretionary retailers were mixed as data showed retail trade rose a stronger than expected 0.6% in May off the back of end of financial year sales and steep discounting.
And shares of online book retailer Booktopia (ASX: BKG) will remain suspended as it's placed in voluntary administration.
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